$PROM BLOODBATH IN MOTION A FREEFALL WITH NO PARACHUTE

The chart shows a brutal collapse as $PROM crashes from above $9 to below $8 in a series of aggressive red candles. This is a textbook liquidation event fast, relentless, and fear-driven. No visible support has held so far, indicating panic across the board.

What’s Happening:

Major sell-off, likely triggered by whale exit or stop-loss cascade.

Volume spike confirms capitulation phase is active.

24h drop over 13%, lowest point touched: $7.857.

Caution Ahead:

Avoid impulsive entries. Let the market form a base.

Ideal zones for short re-entry only after a failed bounce or rejection at $8.20–$8.40.

Long positions should wait for strong reversal signs or consolidation above $8.

Market Psychology Insight:

When fear takes over, smart money waits. Don't rush into the fire — time your move after the panic settles.